FDIC Eases Rules on PE Investment in Banks
September 3, 2009 by Joseph McCafferty
Release of final policy statement eliminates restrictions, but could make it less likely that private equity investors will participate in acquisitions of failed banks.
September 3, 2009 by Joseph McCafferty
Release of final policy statement eliminates restrictions, but could make it less likely that private equity investors will participate in acquisitions of failed banks.
Distressed Asset Funds a Bright Spot for Private Equity
September 3, 2009 by Stephen Taub
Distressed funds have moved from the capital-raising stage to the investment stage.
September 3, 2009 by Stephen Taub
Distressed funds have moved from the capital-raising stage to the investment stage.
SEC Ban on Placement Agents Could Curb PE Investments
September 3, 2009 by Django Gold
An SEC proposal to clamp down on "pay to play" schemes could make it harder for small and medium private equity funds to raise capital.
September 3, 2009 by Django Gold
An SEC proposal to clamp down on "pay to play" schemes could make it harder for small and medium private equity funds to raise capital.
IPO Market Beginning to Thaw
September 2, 2009 by Karen M. Kroll
Private equity firms are cheering a possible return of their favored exit strategy, the IPO.
September 2, 2009 by Karen M. Kroll
Private equity firms are cheering a possible return of their favored exit strategy, the IPO.
Venture Capital Girds for Contraction
September 2, 2009 by Django Gold
Excess capital commitments and investments have clogged the Venture Capital market; and extremely limited returns have punished investors for their patience
September 2, 2009 by Django Gold
Excess capital commitments and investments have clogged the Venture Capital market; and extremely limited returns have punished investors for their patience
FDIC Looks to Allow PE Bank Buyouts
August 26, 2009
Private equity groups look to succeed in reversing the FDIC's policy on bad bank buyouts.
August 26, 2009
Private equity groups look to succeed in reversing the FDIC's policy on bad bank buyouts.
Jobs Galore at N.Y.’s Federal Reserve Bank
August 11, 2009
The Federal Reserve Bank of New York plans to increase the staff in its markets group to 400 by the end of the year - up from 240 at the end of 2007.
August 11, 2009
The Federal Reserve Bank of New York plans to increase the staff in its markets group to 400 by the end of the year - up from 240 at the end of 2007.
The Private Equity Crunch
June 24, 2009
Deutsche and Credit Suisse withdrew funding for the leveraged buyout of Huntsman by Apollo when the U.S. economy declined.
June 24, 2009
Deutsche and Credit Suisse withdrew funding for the leveraged buyout of Huntsman by Apollo when the U.S. economy declined.
Banker Stanford Taken Into Custody
June 19, 2009
The manager of an Antiguan bank was taken into federal custody yesterday after his banking group’s operations were determined to have possibly misled investors in regards to $8 billion in certificate of deposit sales.
June 19, 2009
The manager of an Antiguan bank was taken into federal custody yesterday after his banking group’s operations were determined to have possibly misled investors in regards to $8 billion in certificate of deposit sales.
North of the Border: Canada’s Divergent Experience
June 16, 2009
Thanks to the relatively better state of Canadian Banks, private equity activity in Canada has held up slightly better than it has in many other markets. Buyout activity, while well off highs reached in 2007, sputters along. Though buyouts may appear poised for a comeback, unfortunately, the same cannot be said for Canada’s venture capital industry, which has suffered immensely in the past year and has fared worse in comparison to the relative performance of VC in the United States.
June 16, 2009
Thanks to the relatively better state of Canadian Banks, private equity activity in Canada has held up slightly better than it has in many other markets. Buyout activity, while well off highs reached in 2007, sputters along. Though buyouts may appear poised for a comeback, unfortunately, the same cannot be said for Canada’s venture capital industry, which has suffered immensely in the past year and has fared worse in comparison to the relative performance of VC in the United States.
Sovereign Wealth Funds Increasingly Testing PE Waters
June 16, 2009
Recent losses notwithstanding, sovereign wealth funds still have massive pools of cash. More of them are looking at private equity, including the secondary market, as an increasingly alluring investing option. Moreover, investing via private equity, rather than taking direct stakes in public companies, allows the funds to “fly below the radar,” and hopefully avoid some of the controversy that’s ensued when the funds have taken direct stakes in companies.
June 16, 2009
Recent losses notwithstanding, sovereign wealth funds still have massive pools of cash. More of them are looking at private equity, including the secondary market, as an increasingly alluring investing option. Moreover, investing via private equity, rather than taking direct stakes in public companies, allows the funds to “fly below the radar,” and hopefully avoid some of the controversy that’s ensued when the funds have taken direct stakes in companies.
Private Equity Outlook: The Calm Before the Storm?
June 16, 2009
By most measures, private equity has held up remarkably well during the economic downturn. But, it looks like it could be the calm before the storm for private equity. Thanks to the global credit crisis and deep worldwide recession, experts predict a shake-out, especially for the buyout segment of the private equity world.
June 16, 2009
By most measures, private equity has held up remarkably well during the economic downturn. But, it looks like it could be the calm before the storm for private equity. Thanks to the global credit crisis and deep worldwide recession, experts predict a shake-out, especially for the buyout segment of the private equity world.
Exposure to Deteriorating Assets Increases Risks to Private Equity
June 16, 2009
This year is seeing an avalanche of corporate downgrades, and private equity investors are sharing some of the misery. In the year to date, downgrades have vastly outnumbered upgrades by almost 15 to 1. Private equity groups will continue to be drawn to higher-risk assets in search of better returns. The decline of asset valuations on the heels of the economic recession has hurt private equity investors to a certain extent. However, this may have also given sponsors a window of opportunity to further build up and diversify their portfolios.
June 16, 2009
This year is seeing an avalanche of corporate downgrades, and private equity investors are sharing some of the misery. In the year to date, downgrades have vastly outnumbered upgrades by almost 15 to 1. Private equity groups will continue to be drawn to higher-risk assets in search of better returns. The decline of asset valuations on the heels of the economic recession has hurt private equity investors to a certain extent. However, this may have also given sponsors a window of opportunity to further build up and diversify their portfolios.
Banks and Buyout Firms: An Uneasy Marriage
June 16, 2009 by Joseph McCafferty
When BankUnited went into Federal Deposit Insurance Corporation (FDIC) receivership on May 21, it didn’t take long for a group of new owners to step up to the plate. The Coral Gables, Florida savings and loan group was picked up by a consortium of private equity heavyweights—including W.L. Ross, Carlyle, and Blackstone. The $900 million price tag may have removed a significant burden off the shoulders of both the FDIC and the American taxpayer, but the ramifications of the PE-bank deal will prove a topic of contention for the many regulators caught in the mix.
June 16, 2009 by Joseph McCafferty
When BankUnited went into Federal Deposit Insurance Corporation (FDIC) receivership on May 21, it didn’t take long for a group of new owners to step up to the plate. The Coral Gables, Florida savings and loan group was picked up by a consortium of private equity heavyweights—including W.L. Ross, Carlyle, and Blackstone. The $900 million price tag may have removed a significant burden off the shoulders of both the FDIC and the American taxpayer, but the ramifications of the PE-bank deal will prove a topic of contention for the many regulators caught in the mix.
Study Shows VC Firms Spending Unwisely
June 10, 2009 by Joseph McCafferty
The weak market for initial public offerings is in its second year, but a new research paper claims that the stumbling venture capital market may be a product of indiscipline on the part of the VC funds themselves.
June 10, 2009 by Joseph McCafferty
The weak market for initial public offerings is in its second year, but a new research paper claims that the stumbling venture capital market may be a product of indiscipline on the part of the VC funds themselves.
Private Equity Outlook: The Calm Before the Storm?
June 1, 2009 by Joseph McCafferty
By most measures, private equity has held up remarkably well during the economic downturn. But, it looks like it could be the calm before the storm for private equity. Thanks to the global credit crisis and deep worldwide recession, experts predict a shake-out, especially for the buyout segment of the private equity world.
June 1, 2009 by Joseph McCafferty
By most measures, private equity has held up remarkably well during the economic downturn. But, it looks like it could be the calm before the storm for private equity. Thanks to the global credit crisis and deep worldwide recession, experts predict a shake-out, especially for the buyout segment of the private equity world.
Exposure to Deteriorating Assets Increases Risks to Private Equity
June 1, 2009 by Joseph McCafferty
This year is seeing an avalanche of corporate downgrades, and private equity investors are sharing some of the misery. In the year to date, downgrades have vastly outnumbered upgrades by almost 15 to 1. Private equity groups will continue to be drawn to higher-risk assets in search of better returns. The decline of asset valuations on the heels of the economic recession has hurt private equity investors to a certain extent. However, this may have also given sponsors a window of opportunity to further build up and diversify their portfolios.
June 1, 2009 by Joseph McCafferty
This year is seeing an avalanche of corporate downgrades, and private equity investors are sharing some of the misery. In the year to date, downgrades have vastly outnumbered upgrades by almost 15 to 1. Private equity groups will continue to be drawn to higher-risk assets in search of better returns. The decline of asset valuations on the heels of the economic recession has hurt private equity investors to a certain extent. However, this may have also given sponsors a window of opportunity to further build up and diversify their portfolios.
North of the Border: Canada’s Divergent Experience
June 1, 2009
Thanks to the relatively better state of Canadian Banks, private equity activity in Canada has held up slightly better than it has in many other markets. Buyout activity, while well off highs reached in 2007, sputters along. Though buyouts may appear poised for a comeback, unfortunately, the same cannot be said for Canada’s venture capital industry, which has suffered immensely in the past year and has fared worse in comparison to the relative performance of VC in the United States.
June 1, 2009
Thanks to the relatively better state of Canadian Banks, private equity activity in Canada has held up slightly better than it has in many other markets. Buyout activity, while well off highs reached in 2007, sputters along. Though buyouts may appear poised for a comeback, unfortunately, the same cannot be said for Canada’s venture capital industry, which has suffered immensely in the past year and has fared worse in comparison to the relative performance of VC in the United States.
Value Creation in Middle-Market Buyouts: A Transaction Level Analysis.
June 1, 2009
When BankUnited went into Federal Deposit Insurance Corporation (FDIC) receivership on May 21, it didn’t take long for a group of new owners to step up to the plate. The Coral Gables, Florida savings and loan group was picked up by a consortium of private equity heavyweights—including W.L. Ross, Carlyle, and Blackstone. The $900 million price tag may have removed a significant burden off the shoulders of both the FDIC and the American taxpayer, but the ramifications of the PE-bank deal will prove a topic of contention for the many regulators caught in the mix.
June 1, 2009
When BankUnited went into Federal Deposit Insurance Corporation (FDIC) receivership on May 21, it didn’t take long for a group of new owners to step up to the plate. The Coral Gables, Florida savings and loan group was picked up by a consortium of private equity heavyweights—including W.L. Ross, Carlyle, and Blackstone. The $900 million price tag may have removed a significant burden off the shoulders of both the FDIC and the American taxpayer, but the ramifications of the PE-bank deal will prove a topic of contention for the many regulators caught in the mix.